Monday, Mar 27, 2017

Business

LAHORE/KARACHI (Online): Prices of chicken and tomato are on a rise as sellers in Lahore and Karachi are charging consumers at a whim.

WASHINGTON (AFP): Uber has grounded its fleet of self-driving cars pending an investigation into the crash of an Uber autonomous vehicle in Arizona, a spokesperson for the car-hailing service said

KARACHI (PPI): Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi on Thursday said that Pak Arab Refinery Limited (Parco) would refine 250, 000 gallons of oil per day upon completion

ISLAMABAD (APP): Minister for Commerce Khurram Dastgir Khan has said that the worsening of Pakistan’s current deficit can largely be attributed to the slowdown of the global economy.

KARACHI (Monitoring Desk): The KSE 100-share Index built on its gains on Monday after four-day losing streak ended on Friday last week.

ISLAMABAD (INP): Lithuania was keen to promote bilateral trade and economic relations with Pakistan as it considered Pakistan a promising country for business relations.

ISLAMABAD (APP): The World Bank (WB) approved a package of measures worth $450 million to help the poorest and most vulnerable people in Pakistan.

KARACHI (Monitoring Desk):  Egyptian investment firm EFG-Hermes has acquired 51 per cent shares of the Pakistani brokerage company Invest & Finance Securities Limited (IFSL).